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Last week, the jury selected the winners for the 22 categories of the ET MSME Awards 2024 following thorough evaluation, discussions, and a deep understanding of the shortlisted MSMEs. The distinguished jury comprised Rajesh Jejurikar, Executive Director and CEO (Auto and Farm Sector), Mahindra & Mahindra (Jury chair); Anil Bhardwaj, Secretary General, Federation of Indian Micro and Small & Medium Enterprises (FISME); Hema Annamalai, Co-founder and Vice Chair, Green Collar Agritech Solutions; Jayashree Das Verma, National President, FICCI FLO; Ketan Gaikwad, Managing Director and Chief Executive Officer, Receivables Exchange of India Ltd (RXIL); Mehul Mohanka, CEO and Managing Director, Tega Industries Limited; Ponnuswami M, Chairman and Managing Director, Pon Pure Chemicals Group; and R Narayan, Founder and CEO, Power2SME. The jury round was held on March 11, 2025, where the members were presented with the names of shortlisted MSMEs. This initial shortlisting was carried out by CareEdge Ratings, who is the evaluation partner for this year’s awards, and the ET Editorial team.

Subscribe to enjoy similar stories. United Breweries Ltd., one of India’s largest beer makers, is betting on its premium brands like Kingfisher Ultra to drive growth even as rising taxes in key states, including Telangana, Karnataka, and Rajasthan, threaten to offset a potential boost from a prolonged summer. After disruptions during the general elections last fiscal impacted production and shipments across the sector, an early and longer summer this year is “going to be more helpful as it will lead to more consumption from a macro standpoint", said Vivek Gupta, managing director and CEO of Dutch parent Heineken-controlled United Breweries.

Adani Group Chairman Gautam Adani announced on Sunday. Initially planned for an April 17 launch, the airport's inauguration has been rescheduled. The greenfield airport, the second major aviation facility in the Mumbai Metropolitan Region after Chhatrapati Shivaji Maharaj International Airport, is being developed by Navi Mumbai International Airport Ltd (NMIAL). The project is a 74:26 joint venture between Adani Airport Holdings Ltd (AAHL) and City and Industrial Development Corporation of Maharashtra (CIDCO).

Subscribe to enjoy similar stories. Less than two months after LTIMindtree Ltd named Venu Lambu as its chief executive-designate, Nachiket Deshpande, the company’s chief operating officer who was a frontrunner in the CEO race, has stepped down from his role. Deshpande, who joined India’s sixth-largest information technology (IT) services company in November 2022 after the merger of Larsen and Toubro Infotech (LTI) and Mindtree, will be take charge as LTIMindtree’s president of global AI services, strategic deals and partnerships, Lambu said in a letter to associates, which Mint has seen.

Zerodha co-founders Nikhil Kamath and Nithin Kamath recently surprised their mother, Revathi Kamath, with a luxurious new Mercedes, turning the occasion into an unforgettable family moment. Adding a cultural essence to the gift, they presented the car keys in a ceremonious manner, emphasizing deep-rooted traditions. Revathi Kamath took to Facebook to share her overwhelming joy, expressing her gratitude for the thoughtful present. She enthusiastically wrote about the special moment, highlighting the significance of the traditional customs that accompanied it. In the images she posted, her happiness was palpable as she received the keys to her brand-new car, along with a symbolic peta (a traditional headpiece) and shalu (a ceremonial shawl), both of which represent respect and honour in Indian culture. The newly gifted car is believed to be a Mercedes GLS, a high-end full-size SUV renowned for its elegance, cutting-edge features, and supreme comfort. Often dubbed the 'S-Class of SUVs,' this luxury vehicle offers an opulent interior, an advanced infotainment system, and a commanding road presence. With an estimated price tag exceeding Rs 1.5 crore, the car embodies prestige and sophistication, making it a fitting tribute to the Kamath brothers' admiration for their mother.

Reserve Bank of India said Saturday that the financial position of IndusInd Bank «remains satisfactory», reassuring depositors of the safety of their money after the lender last week reported discrepancies in its derivatives portfolio and warned of a one-time hit on its net worth. The bank is «well-capitalised», while its financial health «remains stable» and is being closely monitored, the RBI said in a press release, and urged depositors not to be swayed by «speculative reports at this juncture». Based on public disclosures, the bank has already engaged an external audit team to review its systems and assess the actual impact of any issues, the central bank said. It directed the lender's board and management to complete the remedial actions by the end of this month after making required disclosures to all stakeholders. According to the bank's auditor-reviewed financial results for the quarter ending December 31, 2024, IndusInd Bank has maintained a solid capital adequacy ratio of 16.46% and provision coverage ratio of 70.20%, compared with the RBI-mandated 9% and 70%, respectively. Its liquidity coverage ratio was 113% as on March 9, exceeding the regulatory requirement of 100%. The reassurance comes amid growing concerns about the bank's lapses in derivatives accounting which it discovered in September-October but disclosed only on Monday.

The success stories of Spanx and Skims have made shapewear quite hip—and it’s true for India, too. A Google search for “shapewear in India” results in hundreds of options, including shapewear specialists like Dermawear, startups like ButtChique and The Active Story that started in 2020 and 2023, respectively, intimatewear labels like Nykd by Nykaa Fashion, older brands like Zivame and Clovia, international brands like Marks & Spencer and smaller brands in online marketplaces. There are tummy tuckers, sari shapewear, bodysuits, shaping dresses, 4-in-1 shapers for the stomach, hips, back and thighs, and colours that go beyond the beige, with prices starting from `250 to `7,000. So, is everyone wearing shapewear? Not as many as should, says Abhishek K Kumar, CEO of Dermawear. “In comparison to the global usage of such products, we have only scratched the surface. India still has a long way to go to adapt shapewear in daily life, which underscores the opportunity the market presents.” He that is not keen on loose petticoats and pinching drawstrings. It entered the shapewear segment with high-compression garments targeting occasion wear; that is close to 10% of its portfolio now. She says, “Today, shapewear has moved from thicker fabrics to high-compression thin fabrics. It is also being looked at beyond occasion wear.” She says people now want outerwear with shaping function, like a knit top that shapes the abdomen.

Fincantieri is one of the largest shipbuilding companies in the world, with over 230 years of history and more than 7,000 ships built. Fincantieri is the exclusive supplier for the Italian Navy, a partner of the US Navy and numerous foreign navies, and a key player in some of the most important European Defence partnership programs. In an exclusive interview with ET’s Dipanjan Roy Chaudhury, Pierroberto Folgiero, Managing Director and CEO of Fincantieri SpA, explores shipbuilding opportunities & IMEEC partnership with India. India is emerging as a global hub for shipbuilding. How does Fincantieri see opportunities for partnership with Indian shipyards and industry players? India’s growth from primarily a domestic focus to a global player in shipbuilding, in tandem with its rise to the fastest-growing large economy in the world, brings exiciting opportunities for collaboration, and we view this as an invitation to share knowledge and build upon complementary strengths.

Post-Graduation Work Permit (PGWP). That requirement had been put in place in 2024 for Canadian colleges but not universities, and it was part of an effort by the Canadian government to apply heavier scrutiny to the international education sector, as per an ICEF Monitor report. “Graduates of college degree programs will no longer be required to meet the PGWP field of study requirement,” said Canadian Bureau for International Education CEO Larissa Bezo. ALSO READ:Canada curbed illegal migration to the US. Now people are heading to Canada

annual cash bonus of up to $2 million, the company said in a regulatory filing on Friday. The company named Tan as the CEO on Wednesday, tasking the industry veteran to lead a faltering transition to a successful chip manufacturing firm as well as chip design house. He will take charge on March 18. Tan's employment agreement includes a three-year performance target, making him eligible to keep two-thirds of his stock awards if a «change in control» or a significant shift in the ownership takes place within 18 months of his joining.

Subscribe to enjoy similar stories. The stock buyback drought continues at Berkshire Hathaway. The company didn’t repurchase any shares from Feb.

healthcare costs and insurance premiums, many Indians are opting for premium-financing loans to maintain or increase their health coverage. Startups such as Finsall, Bimpay Finsure and InsurFin, which specialise in insurance premium financing, are seeing increasing demand for such loans. Finsall and Bimpay said they get around 7,000 new customers each month. The average loan is for Rs 40,000 and the interest rate ranges from 12% to 16% on a reducing balance basis, depending on the borrower's credit profile.

LVMH will ask shareholders to raise the age limit for its CEO and chairman to 85, allowing its billionaire boss Bernard Arnault to remain longer at the helm of the French luxury goods group. Bernard, 76, created the group and has grown it into the world's largest in its sector, holding the position of both chief executive and chairman of the board, and making him the wealthiest man outside the United States. But he has yet to name a successor, even though his five children — ranging in age from 27 to 49 — work for the group and four sit on its board. At the company's next general meeting on April 17, shareholders will be asked to vote on an amendment to «to harmonize the age limits for the Chairman of the Board of Directors and the Chief Executive Officer, bringing them to 85 years,» according to a posting in an official gazette. The company had already raised the age limit for CEO to 80 in 2022. In July 2022, Bernard Arnault consolidated family control over LVMH by reorganizing his Agache holding company into a limited partnership.

NASA and SpaceX on Friday will count down to a long-awaited crewed rocket launch that will allow them to bring home U.S. astronauts Butch Wilmore and Suni Williams, who have been stuck on the International Space Station for nine months. SpaceX and the U.S. space agency had planned on Wednesday to launch from Florida a replacement crew of four astronauts, a mission called Crew-10, but a last-minute issue with the rocket's ground systems forced a delay. Now slated for liftoff at 7:03 p.m. ET Friday (2330GMT), the Crew-10's arrival to the ISS on Saturday night will allow the return of Wilmore and Williams, two veteran NASA astronauts and U.S. Navy test pilots who in June 2024 were the first humans to test-fly Boeing's Starliner spacecraft to the ISS in June. But problems with Starliner's propulsion system during its flight to the ISS delayed what was expected to be an eight-day stay. NASA deemed it too risky for the astronauts to fly home on the Boeing craft, which led to the current plan to bring them home in a SpaceX capsule. It has also become entangled in politics as President Donald Trump and his adviser Elon Musk, SpaceX's CEO, claim without evidence President Joe Biden left «Butch and Suni» on the station for political reasons.

The premium carmaker expects its earnings margin for cars to be 5-7% in 2025, below an LSEG consensus estimate of 7.3%, dragged down one percentage point by the impact of tariffs already imposed by March 12.

DeepSeek, a leading AI company, is taking an unconventional approach to hiring under the leadership of CEO Liang Wenfeng. Unlike many tech companies that prioritize candidates with extensive technical expertise, Liang focuses on creativity, intellectual curiosity, and diverse perspectives. His strategy places an emphasis on hiring Generation Z, avid readers, and humanities graduates, believing that imaginative thinking is more valuable than years of experience. During a 2023 interview with Chinese media outlet 36Kr, Liang explained his approach. “When aiming for rapid results, it makes sense to hire those who already possess the necessary expertise,” he said. “However, for long-term ambitions, experience holds less significance. Core competencies, an inventive mindset, and an unwavering passion for the work are attributes I value above all else.” His perspective challenges the industry norm, where companies like OpenAI and Meta favor candidates with strong technical backgrounds. Liang, however, sees open-mindedness and a willingness to explore unconventional solutions as more critical for addressing complex AI challenges.

Kunal Kamra. On Wednesday, Zomato wrote on X (formerly Twitter), “Some people skip giving ratings to delivery partners, the same people get upset when their work does not get recognition.” Kamra wasted no time in responding with a sharp retort, “Someone people skip giving minimum wage & social security same people get upset when they are sent to prison.” His comment reignited discussions on gig worker wages, with social media users quickly taking sides. Some supported Zomato’s stance, while others backed Kamra’s argument about fair pay.

BARCELONA — Europe's telecommunication firms are ramping up calls for more industry consolidation to help the region compete more effectively with superpowers like the U.S. and China on key technologies like 5G and artificial intelligence.

James Fishback, CEO of Azoria, has clarified who would be eligible for the proposed $5,000 DOGE Dividend stimulus checks. Speaking on Steve Ram’s podcast, Fishback explained, «If you file a federal income tax return—if you pay federal income tax, which is to say that you worked—you would receive a DOGE dividend check. That individual and their household would benefit from this payment.» The proposal seeks to use cost savings from the newly formed Department of Government Efficiency (DOGE) to provide direct payments to taxpayers. Backed by President Donald Trump and DOGE head Elon Musk, the initiative claims to reward working Americans by redistributing government savings.

Intel surged nearly 15% on Thursday, as Wall Street cheered its decision to name former board member Lip-Bu Tan as CEO, who left in August over differences about the chipmaker's direction, after several years of market underperformance. Tan will be tasked with reviving the company's fortunes after it missed out on the artificial intelligence-driven semiconductor boom while plowing billions of dollars into building out its chip-making business. Intel has posted several quarters of market share losses in data centers and PCs, as well as billion-dollar losses in its manufacturing business, and over the past five years, the stock has lost about 60% of its value, a period of time when the Nasdaq Composite Index and S&P 500 have both more than doubled. «Tan in as CEO at Intel was as good as stakeholders could have hoped for,» said TD Cowen analysts, noting that he has «deep relationships» across the chip ecosystem that could draw customers to the company's contract manufacturing business. Tan will take the helm next week — three months after Intel ousted CEO Pat Gelsinger. Tan had been brought into the board two years earlier to help turn the company around, but left due to disagreements over the size of the company's workforce and its culture. Skepticism about Intel's future has deepened in recent months amid reports that rivals, including Broadcom, were evaluating the chip design and marketing business, while TSMC has separately studied controlling some or all of its plants.

U.S. automaker Tesla has warned that it and other major American exporters are exposed to retaliatory tariffs that could be leveled in response to President Donald Trump's aggressive use of tariffs. The Tesla comments reflect those of many U.S. businesses concerned by Trump's tariffs, but is notable because it is from Tesla. Tesla CEO Elon Musk, a close ally of Trump, has been leading the White House effort to shrink the size of the federal government. The billionaire heads up the so-called Department of Government Efficiency. The comments were made in a letter to the U.S. Trade Representative's Office and available on the office's web site. Dated Tuesday, it is among hundreds sent by companies to the office about U.S. trade policy. It is not clear who at Tesla wrote the letter, which is unsigned but is on a company letterhead. Tesla did not immediately respond to a request for a comment.